Mathematics, 30.08.2019 17:30 kromaug1517
Mark wants to withdraw $6,500 at the end of three years and $8,000 at the end of five years. he wants to do this in such a way that the account balance drops to zero after the last withdrawal. assuming that the interest rate is 5%, how much money should mark deposit today to ensure that his needs are met?
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Mark wants to withdraw $6,500 at the end of three years and $8,000 at the end of five years. he want...
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